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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
AMTD Digital
AMTD Digital (HKD) investor relations material
AMTD Digital H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H2 2025 earnings summary27 Feb, 2026
Executive summary
Revenue for the year ended October 31, 2025, surged to $136.1 million, up from $42.5 million in 2024, driven by strong gains in strategic investments and the consolidation of media and hospitality businesses.
Net profit rose to $97.0 million in 2025 from $41.7 million in 2024, reflecting higher investment gains and expanded operations.
The company completed major acquisitions, including The Generation Essentials Group (TGE), and expanded into media, entertainment, and hospitality sectors.
The business model now spans digital solutions, media and entertainment, hotel operations, and strategic investments.
Financial highlights
Revenue from contracts with customers more than doubled to $50.1 million in 2025 from $22.8 million in 2024, mainly due to growth in hotel and media segments.
Strategic investment segment posted a gain of $86.0 million in 2025, reversing a $2.4 million loss in 2024, primarily from unrealized gains in fair value.
Dividend income increased to $9.0 million in 2025 from $0.6 million in 2024.
Cost of production and hotel operations rose to $20.3 million in 2025, up from $8.3 million in 2024, reflecting expanded operations.
Employee benefits expense increased to $12.9 million in 2025 from $5.1 million in 2024, mainly due to consolidation of new business units.
Depreciation and amortization rose to $9.5 million in 2025 from $5.6 million in 2024.
Finance costs remained steady at $10.3 million.
Profit before tax reached $98.7 million in 2025, up from $42.5 million in 2024.
Earnings per share (basic and diluted) were $0.44 in 2025, compared to $0.58 in 2024.
Outlook and guidance
Management expects continued growth from expanded media, entertainment, and hospitality operations.
The company is pursuing further acquisitions and SPAC initiatives to drive platform extension and shareholder value.
No material adverse trends or uncertainties identified for the fiscal year ended October 31, 2025.
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Latest events from AMTD Digital
Next AMTD Digital earnings date
H1 202620 Nov, 2026
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Next AMTD Digital earnings date
H1 202620 Nov, 2026
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Frequently asked questions
AMTD Digital Inc. is a digital solutions platform specializing in financial technology, digital investments, and content creation. The company offers a range of services, including digital financial products, media and marketing solutions, and a proprietary ecosystem to support entrepreneurs and enterprises. AMTD Digital serves clients across industries such as finance, technology, and entertainment. The company is headquartered in Hong Kong, and its shares are listed on the NYSE.